Copper

FX:​COPPER
 
     
 
     
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COPPER Chart

 

COPPER

Copper is an essential industrial metal used worldwide. Copper prices are followed in financial markets around the globe and the metal is growing in popularity. Copper is widely used in construction and because of its electrical properties is found in wires and circuit boards. Copper is mined in open mines around the world, with Chile and the United States leading in overall copper production. The demand for copper is increasing as countries such as China and India continue to develop, while the supply remains tight. The growing demand and constrained supply is likely to keep copper prices volatile in the near future. Copper prices are commonly quoted in USD.

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Rakesh-Profittoprofit Rakesh-Profittoprofit COPPER, 240, Short ,
COPPER: Copper Short 3.120
36 0 0
COPPER, 240 Short
Copper Short 3.120

Explained in chart

Rakesh-Profittoprofit Rakesh-Profittoprofit COPPER, 240, Short ,
COPPER: Copper
81 0 1
COPPER, 240 Short
Copper

Copper soon 3.00,2.90

amit12a amit12a COPPER, D, Short ,
COPPER: Bearish Divergence on CU daily Chart
77 0 1
COPPER, D Short
Bearish Divergence on CU daily Chart

Bearish Divergence on CU daily Chart

kamalkakhan kamalkakhan COPPER, D, Short ,
COPPER: Copper In Down Trend
61 0 4
COPPER, D Short
Copper In Down Trend

Copper has broker the lower wall of previous upward parallel channel few days back and currently travelling in downward channel, we can see some up movement to taste the upper wall of the current up channel but if goes down and break the strong support at 2.465 and sustains below then a huge downfall movement can be seen.... as of now my current strategy would be ...

NeeteshJain NeeteshJain TOP COPPER, D,
COPPER: Copper Forming Symmetrical Triangle
146 1 8
COPPER, D
Copper Forming Symmetrical Triangle

As per Daily chart, the price action is consolidating in a symmetrical triangle. Showcasing Lower Highs and Higher Lows. Enter at Breakout to gain best out of it.

SirajHudda SirajHudda PRO COPPER, 240, Long ,
COPPER: Copper Road Map!!
97 0 1
COPPER, 240 Long
Copper Road Map!!

Copper is a buying opportunity upon 50 to 61.8% fib retracement levels around 2.085 levels with stoploss just below 2.06 for targets of 2.15 / 2.20. This could turn out to be a correction or the start of a new rally.. Price action would give more details. Happy Trading!!

pssola pssola COPPER, D, Short ,
COPPER: Bullish Pattern
77 0 1
COPPER, D Short
Bullish Pattern

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